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Sylios Corp. (UNGS)

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Last Post: 5/27/2016 5:51:05 PM - Followers: 566 - Board type: Free - Posts Today: 40
2016:        1st Quarter Financials were posted to http://www.sylios.com website
 
May 16, 2016 Quarterly Report- March 31, 2016 Quarterly Report Dec 31, 2015 Active

ABE01 POST:
#96839   Here is the signed agreement abe01 05/10/16 05:31:12 PM

 


Sylios Corp

http://www.sylios.com

 




 


March 30, 2016
END OF YEAR FINANCIALS ARE HERE:

http://www.sylios.com/wp-content/uploads/2016/03/AR123115.pdf




http://www.pacificstocktransfer.com/

6725 Via Austi Pkwy, Suite 300 Las Vegas, NV 89119

Tel: (702) 361-3033 / (800) 785-PSTC
Fax: (702) 433-1979

info@pacificstocktransfer.com




______________________________________________
 March 15, 2016
https://www.accesswire.com/437879/Sylios-Corp-Opens-Oilfield-Equipment-Purchasing-Division

Sylios Corp Opens Oilfield Equipment Purchasing Division

 Sylios Corp (OTC Pink: UNGS), a holding company with operations engaged in the exploration and development of oil and natural gas properties, site specific real estate development, holdings in equities, corporate debt and alternative investments is 1.) pleased to announce that it has opened a new division focusing on the purchase of new and used oilfield equipment.

NEW DIVISION ANNOUNCEMENT

The Company's new division will look to purchase new and used oilfield equipment from those Operators and Supply shops either going out of business or looking to move supply at distressed prices. The Company will focus on the states of Kentucky, Tennessee and West Virginia for the near term. Through an agreement with a financing entity, the Company will be allotted capital to purchase and store or purchase and flip the acquired equipment.

The Company will look to purchase in-ground and above-ground completion components including but not limited to: service rigs, work-over rigs, rods, tubing, pump-jacks, pumps, cups, polish rods, valves, fittings and tanks. The Company is currently out for bid on four lots of equipment after a successful bid last week. The Company will provide further information on its website for sellers of equipment.

 

Update on GCC and Licensing Agreement

The Company, through outside consultants, plans to reinitiate the development of the Greater Cannabis Company "GCC" Superstore during the second and third calendar quarters of 2016 as the pivotal state elections approach. The Company continues to work towards the monetization of its licensing agreement with Artemis and anticipates that activity will increase on a rapid pace with the rollout of the units.

Update on Marina Joint Venture

The Company recently met with the Miami-Dade County Department of Environmental Resources Management ("DERM") to review the submitted plans for its marina development joint venture in Aventura, FL. After discussions, the Company has elected to expand the number of slips from 42 to 77 for full development of the north and south shorelines. The Company anticipates final plans will be submitted to DERM within the next 30-60 days.

 

February 9, 2016https://www.accesswire.com/436655/Sylios-Corp-Retains-Consultant-to-Expand-Licensing-Agreement

ST. PETERSBURG, FL / ACCESSWIRE / February 9, 2016 / Sylios Corp (OTC Pink: UNGS), a holding company with operations engaged in the exploration and development of oil and natural gas properties, site specific real estate development and holdings in equities, corporate debt and alternative investments is pleased to announce that it has retained the services of a Consultant to further expand on the sub-licensing and use of dispensary products.

The Company has retained the services of a Consultant to assist in the sub-licensing of the dispensary products granted to the Company in the licensing agreement entered into with Artemis Technologies.

The Consultant will work through political avenues in an effort to broaden the scope of the use of the dispensary product and in an effort to license the use of the product in the States of Florida, Colorado and Washington.


Florida, Colorado and Washington

Formed in March 2014, The Greater Cannabis Company, LLC (“GCC”) is the Company’s operating subsidiary for its recently launched operations in the medical and recreational marijuana market. The Company will look to represent a line of premier products through licensing agreements, development, acquisitions and joint ventures. The Company will launch an online superstore for marijuana related accessories under the name of GCC Superstore.

During 2014, GCC entered into a U.S. based licensing agreement with Artemis Dispensing Technologies for the development and resell of its automated dispensing product. Under the collaboration and license agreement, Artemis will be responsible for the continued development and completion of the automated dispensing product. Upon launch and sales of the product, Artemis will be responsible for the installation, training and customer support for the hardware and software. The Company will be responsible for direct sales, addition of key distributors and sub-licensing of specific territories within the U.S.

      

_________________________________________________________________________________________________________________________

December 23, 2015http://www.marketwatch.com/story/sylios-corp-further-expands-well-portfolio-in-tennessee-2015-12-23


ST. PETERSBURG, FL / ACCESSWIRE / December 23, 2015 / Sylios Corp (pinksheets:UNGS), a holding company with operations engaged in the exploration and development of oil and natural gas properties, site specific real estate development and investments in equities and corporate debt is pleased to announce that it reached an agreement to acquire royalty interests in crude producing wells located in Tennessee.

On December 18, 2015, the Company reached terms to acquire additional royalty interests in three producing wells located in Tennessee. The Company has also agreed to purchase a royalty interest in a newly drilled well located in Overton County, TN in the event the well is successful in delivering crude.

The first interest is a 5% royalty on the Newberry well located in Overton County, TN. The Newberry well is drilled to a depth of approximately 800' with production from the Ft. Payne formation. The second interest is a 5% royalty on the Nicholas well located in Pickett County, TN. The Nicholas well is drilled to a depth of approximately 1700' with production coming from the Knox and Stones River formations. The third interest is an additional 5% royalty in the Green well located in Fentress County, TN. The Company purchased its first interest in the Green well in September 2015.

On September 16, 2015, the Company entered into an Agreement to acquire interest in two oil wells. The royalty purchases were funded on the same date through a loan from an accredited investor. The Company has repaid the loan in full through royalty payments made to it from production. The Company intends to utilize this same investment structure in the purchase of the new royalty interests.


http://www.sylios.com/other-projects/
Coming soon !

Provides Update on Marina Permits

As an update on the Company's marina development joint venture, site plans have been submitted for review to the Miami Dade County Department of Environmental Resources Management ("DERM"). Initial field studies have been completed by DERM while the developers await comments prior to the submission of the final design. Once preliminary approval is received by DERM, the development team will submit the final permit applications to the Army Corp of Engineers, Department of Environmental Protection and the City of Aventura.


http://www.sylios.com/other-projects/
Coming soon !



http://www.sylios.com/other-projects/
Coming soon !



North Marina                                                                   South Marina

 
http://www.sylios.com/other-projects/
Coming soon !
  
http://www.sylios.com/other-projects/
Coming soon !





_________________________________________________________________________________________________________________________
October 6, 2015:  http://www.marketwatch.com/story/sylios-corp-acquires-additional-well-interests-in-two-producing-wells-2015-10-06

(ACCESSWIRE via COMTEX) -- ST. PETERSBURG, FL / ACCESSWIRE / October 6, 2015 / Sylios Corp (otc pink:UNGS), a holding company with operations engaged in the exploration and development of oil and natural gas properties, and investments in equities and corporate debt, is pleased to announce that it has closed on a transaction to acquire interests in two producing oil wells.

On September 16, 2015, the Company entered into an Agreement to purchase royalties in the Jerry Green 7-3-TW and James Pharis K-1 oil wells located in Fentress County, Tennessee and Cumberland County, Kentucky, respectively. Upon the terms of the Agreement, the Company will receive one hundred percent of the payments from production due to the Operator until a defined financial benefit is received, thereafter the Company shall maintain a fifteen percent (15%) and five percent (5%) royalty, respectively.

The Jerry Green 7-3-TW well drilled to a total depth of 1550' produces from the Murfreesboro formation. Current production is 2 BOD. The James Pharis K-1 well is drilled to a total depth of 675' with production from the Sunny Brook formation. The James Pharis well is being deepened to a new total depth of 1800' to test production capabilities from the third break of the Knox formation. Depending upon the completion results, the well will be placed into production immediately or stimulated via an acid frac job. Keller Drilling, LLC will act as the Operator of both wells.

Management's decision to expand the Company's oil operations came from the numerous investment opportunities that have been recently presented. The Company will continue to evaluate the acquisition of additional royalty and working interests in Kentucky and Tennessee. The Company is currently interviewing Operators in Kentucky to place its shut-in wells back into production. The Company has elected to forgo the sale of any of its wells in the state of Kentucky.

Wayne Anderson, President of Sylios Corp, noted, "With the dramatic decrease in oil pricing, many Operators have elected to shut-in wells or sell leaseholds with producing wells. The Company has been approached by several Operators over the last few months about acquiring production with attractive rates of return. We are pleased to be working with Keller Drilling and anticipate that the Company will be releasing more news in the near term on this relationship."

About Keller Drilling, LLC

Keller Drilling, LLC is a full service oil company which includes leasing, drilling, completing, servicing and selling oil to purchasers without any outside entity. They have leased acreage strategically near or on some of the largest producing wells in our area and developed relationships with landowners to expand their lease hold.

________________________________________________________________________________________________________________________________________

REVERSESPLIT

https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=146165



October 29, 2015, the Company's Board of Directors voted to rescind the proposed reverse stock split of the Company's common stock and reduction in the number of Authorized shares of common stock.

On October 30, 2015, the Company filed an Amendment to its Articles of Incorporation, to become effective on October 30, 2015, to effectively rescind the previously filed Amendment dated October 1, 2015 whereby the Company's common stock was reversed on a 1:500 ratio and the number of shares of Authorized common stock was reduced from 9 Billion to 4 Billion. Upon the effectiveness of the October 30, 2015 Amendment, shareholders will hold the same number of shares as prior to the filing of the October 1, 2015 Amendment, effectively no reverse split. The number of shares of Authorized common stock shall remain at 9 Billion.


REVERSESPLIT

On October 30, 2015, the Company notified the Financial Industry Regulatory Authority ("FINRA") of its decision to rescind the proposed reverse stock split of the Company's common stock and reduction in the number of Authorized shares of common stock.

Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.
As disclosed in Item 8.01 above, on October 30, 2015, the Company filed the Amendment, to become effective on October 30, 2015, to effectively rescind the previously filed Amendment dated October 1, 2015 whereby the Company's common stock was reversed on a 1:500 ratio and the number of shares of Authorized common stock was reduced from 9 Billion to 4 Billion. Upon the effectiveness of the October 30, 2015 Amendment, shareholders will hold the same number of shares as prior to the filing of the October 1, 2015 Amendment, effectively no reverse split. The number of shares of Authorized common stock shall remain at 9 Billion.

REVERSESPLIT

_________________________________________________________________________________________________________________________

E 2 Investments, LLC

E 2 Investments, LLC is a wholly owned subsidiary which manages the Company’s alternative investments through a variety of avenues:

  • Buying and selling of domestic equities
    Purchase of third party debt issued by publicly traded entities
    Purchase of mineral rights
    Direct Stock Purchase participation with other publicly traded entities
    Consulting capacity
    Direct funding to small and microcap companies through the issuance of debentures

     

Jimmy Wayne Anderson

President, Principal Financial Executive, Chairman

735 Arlington Ave. N.
St. Petersburg, FL, 33701, US
(727)-821-6200
(727) 482-1505

Registered Agent Name & Address VALVASONE INVESTMENTS, LLC
735 ARLINGTON AVE N
SUITE 308
ST. PETERSBURG, FL 33701
Authorized Person(s) Detail Name & Address

Title MGR

VALVASONE INVESTMENTS, LLC
735 ARLINGTON AVE N, SUITE 308
ST. PETERSBURG, FL 33701




 

A New Start

Sylios Corp, based in St. Petersburg, FL, is a holding corporation with operations engaged in the exploration and development of oil and natural gas properties, real estate development, equity investments and the development of products utilized for the medical and recreational marijuana industry.

Subsidiaries

Subsidiaries

The Company maintains five wholly owned subsidiaries with operations focusing on the exploration and production of crude, alternative investments and the development and deployment of products for the medical and recreational marijuana industry.

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735 Arlington Ave. N.
St. Petersburg, FL, 33701, US
 
727-821-6200
© 2015 Sylios Corp All Rights Reserved.
Website by Equisolve.
Septembers 2015 Financials :



 

 
 

 

 

 
 

 

 

 

 
 
 
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PostSubject
#96839  Sticky Note Here is the signed agreement abe01 05/10/16 05:31:12 PM
#88216  Sticky Note UNGS Facts: linkvest 11/03/15 01:57:05 PM
#87462  Sticky Note UNGS announced no reverse split Reverse split cancelled knrorrel 11/01/15 01:34:47 AM
#97318   #8 On the Breakout Board.... Gwinis 05/27/16 05:51:05 PM
#97317   Lurkin Like we are going to start moving Gwinis 05/27/16 05:49:49 PM
#97316   NEXT WEEK! NEXT WEEK! No-Quarter 05/27/16 05:47:17 PM
#97315   great post Ben keep up with the comments abe01 05/27/16 05:46:45 PM
#97314   Patience is the key with UNGS Gwinis 05/27/16 05:44:38 PM
#97313   During the end-of-day activity that it was, 2 No-Quarter 05/27/16 05:41:58 PM
#97312   Then the entire ask "being bought up" was Ben Lurkin 05/27/16 05:32:04 PM
#97311   I hope ben, RFB and torro are available abe01 05/27/16 05:25:59 PM
#97310   Would you guys that are unhappy please place abe01 05/27/16 05:21:15 PM
#97309   Truth be told, I did not see the No-Quarter 05/27/16 05:19:52 PM
#97308   Today the entire ask of 36M+ was bought Ben Lurkin 05/27/16 05:17:16 PM
#97307   Booooooom go UNGS Gwinis 05/27/16 05:10:58 PM
#97306   Somebody must have talked to Wayne again. Ben Lurkin 05/27/16 05:03:37 PM
#97305   Next week will be THE week! No-Quarter 05/27/16 04:54:41 PM
#97304   Very cool! Been out all day and just noticed, looking 4 a win 05/27/16 04:05:38 PM
#97302   Rumor has it we are headed for 2 Serpico2005 05/27/16 03:44:39 PM
#97301   #13 Breakout board Gimpy13 05/27/16 03:42:45 PM
#97300   What the hell just happened here? LOL 36mill mrets123 05/27/16 03:30:10 PM
#97299   IMO...someone just made the buy of their life!!!!!!!!$$%$$$$$$$$$$$% KANEMAN 05/27/16 03:29:08 PM
#97298   Cool, great, wonderful, marvelous....someone trying to take out KANEMAN 05/27/16 03:21:16 PM
#97297   Wow. All within a few minutes. So one buyer. rmuncast 05/27/16 03:15:57 PM
#97296   36 mill in volume? TotallyConfused 05/27/16 03:05:54 PM
#97295   Obtuse or acute? rmuncast 05/27/16 02:51:47 PM
#97294   Mr ceo Wayne is starting to make enrons 2231663 05/27/16 02:12:21 PM
#97293   https://tts.sec.gov/oiea/Complaint.html 2231663 05/27/16 02:05:00 PM
#97292   what on earth is Wayne trying to accomplish 2231663 05/27/16 02:03:38 PM
#97291   LOL...LOL....LOL POT WAYNE POT!! vortmaximum 05/27/16 01:44:25 PM
#97289   Yep and I will have the last laugh abe01 05/27/16 01:18:17 PM
#97288   What progress...list it! watchingsum 05/27/16 12:50:32 PM
#97287   Yup just like they have always been rewarded. Ben Lurkin 05/27/16 11:52:29 AM
#97286   GREAT PROGRESS 2016 ! Gwinis 05/27/16 11:43:02 AM
#97285   Patient Shareholders WILL BE REWARDED $$$$$$ GO UNGS ! Gwinis 05/27/16 11:41:52 AM
#97284   if you want to wait until your death toro bravo 05/27/16 10:40:30 AM
#97283   We just need more time.Maybe in another 8 Ben Lurkin 05/27/16 10:33:11 AM
#97282   buy more shares?hahahahaha.lol..... toro bravo 05/27/16 10:31:59 AM
#97281   I love it. Things in the works. In abe01 05/27/16 09:44:22 AM
#97280   How that stop sign....lol...still waiting for tomorrow? watchingsum 05/27/16 09:42:24 AM
#97279   Yes things are coming together nicely. We just abe01 05/27/16 07:25:30 AM
#97278   Maybe a good mj smoke is better than lambchops 05/26/16 11:58:12 PM
#97276   Pretty clear. He said Wayne is a Ben Lurkin 05/26/16 08:32:17 PM
#97275   Nobody has a single clue about what UNGS Ben Lurkin 05/26/16 08:22:34 PM
#97274   Sorry if I sound rude, but your message Juancy 05/26/16 08:18:29 PM
#97273   I like what he says Wayne it meets. toro bravo 05/26/16 07:51:40 PM
#97272   The part that UNGS has any ownership interest Ben Lurkin 05/26/16 06:54:30 PM
#97271   I understand this is going to be awesome! looking 4 a win 05/26/16 06:40:47 PM
#97270   All stages are complete with derm we are abe01 05/26/16 05:50:16 PM
#97268   30-60 days....This clearly written abe.Where is the false? toro bravo 05/26/16 02:33:07 PM
#97266   Wake me when this starts running. Taking a Rogerthat1 05/26/16 12:21:59 PM
#97265   GO UNGS $$$$$ Gwinis 05/26/16 11:55:14 AM
#97264   GO UNGS $$$$$ Gwinis 05/26/16 11:53:05 AM
PostSubject